A blue economy...

The Dow Jones is off a few hundred points this morning, dropping it below 10K for the first time in almost four years. I vividly remember when the Dow crossed 10K for the first time in 1999, as I was required to track the market in high school History/Econ classes. (Ah those high school history classes, a wonderful memory. Especially when I recall a particularly astute conservative young man always pushing back against my evil liberal ideals.) It is hard to believe that in March that will have been ten years ago, and we seem to be spinning in place, at best. It is also difficult to understand how the market could have been at an all-time high of 14.1K just one year ago. Now we are down 30% from that peak, and it is entirely possible more losses are ahead.